Juicy guidance attracts investors to Vanke

Stock index return yield adobe stock 230x150 AS
By Addison Gong
04 Dec 2018

China Vanke Co rode the positive momentum that followed the truce in the China and US trade war, raising $630m after an aggressive tightening in price. But the movements in the US Treasury market, including a curve inversion between three and five year notes, hit the secondary performance of the company’s bond.

The deal was announced on a rare positive day for markets recently, not just in Asia but globally. News from the G20 summit last weekend that China and the US had agreed to put aside further tariffs for 90 days to work on a solution provided some respite ...

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